Legend Boats is receiving $203,306 from FedNor to incorporate new technologies that will improve operational processes.
The government announced the funding on Jan. 11. It comes from FedNor’s Northern Ontario Development Program.
The repayable FedNor funding will enable the Sudbury-based business to adopt new technologies and develop customized software applications.
The targeted investment will help the aluminum boat manufacturer improve its operational processes for information and supply chain management, distribution and boat assembly activities, as well as client services.
Once complete, this strategic initiative will help reduce boat assembly times and warranty claims by 10 per cent, increase inventory turnover, enable real-time management reporting, and improve processing for warranty claims by 50 per cent.
“We are pleased that the Government of Canada and FedNor recognize the evolving needs of Northern Ontario businesses and are investing to strengthen manufacturing in the region,” said Legend Boats’ co-CEOs Marc Duhamel and Jamie Dewar in a press release.
“Today’s announcement will help us expand and streamline our operations, improve efficiencies and better serve our customers, while meeting the growing demand for our products and services.”
Legend Boats (Duhamel and Dewar Inc.) is a family-run business connected to a network of 56 independent dealers and retailers across Canada. Established in 1986, Legend Boats designs and assembles boating packages, complete with engine and accessories, which it distributes and sells across the country and beyond. They currently employ 96 people.